Detailed view for this entity.
“and the Southern District of New York is arguably the most important district for that category of crime. Yes, we we tended to call ourselves a sovereign district. New York as as it said, but I mean just it's New York.”
“I mean until crypto and the blockchain, there has been no innovation in settlement and accounting since the Medishes really. I mean it is the exact same system.”
“while we'll talk to portfolio companies and and help them navigate through the system we don't really want to be the outsourced government affairs or policy function for any of these these companies.”
“The important thing about our policy work and our government affairs work while we'll talk to portfolio companies and help them navigate through the system we don't really want to be the outsourced government affairs or policy function for any of these companies because a lot of the companies assume that you're going to do that for Well, we can we do as much as we can, but the reality is if if it's an important function for them to have that, we want to help them build it.”
“We think about policy from an industry perspective because our what we care about is long-term investments and what what um something can return on a 10 15 year time horizon. We're not hot money. Uh that's I think some people don't understand. We're not a hedge fund.”
“The important thing for for people to understand about venture capital is in some ways it's not really a financial discipline. I think when the people think of an investment firm they think oh you're dealing with spreadsheets. I think it was um Ben Horowitz, one of our founders who when I first joined sort of said something that has stuck with me for a long time, which is that um venture capital is really a talent and technology business.”
“We're in a very risky part of the investment pie and most of our investments will fail. In fact, 50% of them go bankrupt. And of the other 50%, one or two will be the winners and they'll return the entire fund.”
“The question I think is how competitive we want the AI ecosystem to be. And if we wanted to be really competitive then I think there's a question about what are the kinds who are the companies who would be really negatively affected by increased compliance costs. Would it make it a lot harder for them to compete?”
“Is A16Z hoping to sort of be that trade association where you sort of aggregate the experiences, the insights and the views from these organizations and then you are their voice to a certain extent? Yeah, I mean look, I think it's the latter.”
“There are issues like open source. Open source is super important for app startups because if all you have are closed source models um that are expensive where token prices are are incredibly expensive, it's going to be hard for people developing applications to to uh to build.”